New Delhi: Gold prices in India recorded gains on Saturday, even as international rates declined, reflecting a divergence between domestic demand and global market sentiment.
Internationally, gold prices fell on April 11, 2026. At 2:37am, gold on Comex declined by 0.98%, or Dollar 47, to Dollar 4,771 per ounce. One ounce is approximately equal to 28.35 grams. The recent volatility follows a period of decline that began after the Israeli-American attack on Iran on February 28, 2026, when prices retreated from a peak of nearly Rs 40,000. However, prices have shown signs of recovery in recent days.
In India, trading activity on the Multi Commodity Exchange (MCX) remained suspended due to Saturday. Based on the previous session, the June 5, 2026 gold contract rose by Rs 38 to settle at Rs 1,52,652 per 10 grams. The Indian Bullion and Jewellers Association (IBJA) does not publish rates on Saturdays.
According to the All India Sarafa Association, gold prices in the national capital increased by Rs 400, with 24-carat gold reaching Rs 1,55,300 per 10 grams in Delhi. Prices across major Indian cities showed variation, underscoring differences in local demand and supply conditions.
In Delhi, Lucknow, Jaipur and several northern cities, 24-carat gold was priced at Rs 1,52,510 per 10 grams, while 22-carat gold stood at Rs 1,39,810. Mumbai, Kolkata, Bengaluru and Hyderabad recorded slightly lower rates, with 24-carat gold at Rs 1,52,360 and 22-carat gold at Rs 1,39,660.
Chennai reported some of the highest prices among major cities, with 24-carat gold at Rs 1,54,100 and 22-carat gold at Rs 1,41,260. Other cities including Surat, Ahmedabad, Indore and Patna showed marginal variations, generally clustering around Rs 1,52,360 to Rs 1,52,410 for 24-carat gold.
The uneven pricing trend across cities reflects local taxes, transportation costs and demand fluctuations, even as broader market movements remain influenced by global geopolitical developments and currency shifts.
